A total of 499 counterfeit kuna banknotes were detected in Croatia in 2018, which is nearly double from 2017, while the number of counterfeit euro-denominated bills increased by 90 percent to nearly 1,488, the central bank said on Monday.

In the second half of 2018, nearly 240 counterfeit kuna banknotes were detected and seized. Given that there were some 258 million of individual kuna bills in circulation, this means that 0.91 counterfeit banknotes were detected per one million genuine ones.

In the latter half of 2018, the most frequently faked kuna bill was a 200-kuna banknote, which accounted for about half of all forged kuna bills detected, followed by 50-kuna and 500-kuna bills, which accounted for about a third of all forgeries combined.

As for euros, a total of 285 counterfeit euro bills were seized in the same period, with 50-euro banknotes accounting for more than half of all forged euros found.

The central bank said that the forged banknotes did not cause any disruptions or any significant financial damage.

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